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Country reportsNovember 1 2018

The Banker's Top Islamic Financial Institutions – 2018

The Banker's 2018 Top Islamic Financial Institutions ranking shows that Islamic banks are doing well, especially in frontier states, with GCC dominance being challenged by previously underserved markets in Africa and Asia. James King reports.
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The Banker’s 2018 Top Islamic Financial Institutions ranking offers a snapshot of an industry that has shrugged off the challenges of the recent past and is rebounding at a steady pace. Building on the strong results posted in the 2017 ranking, this year’s edition reveals exceptional asset growth across every region, coupled with a growing number of new institutions that are springing up in less developed markets.

These trends, and others, point to the industry’s advancing frontier and the long-term growth prospects on offer in regions such as sub-Saharan Africa and south Asia, which remain relatively untapped.

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